Wematch announced the addition of equity repo to its Data & Contribution Service to include weekly auction sessions for both euro and USD cash, with plans to add UK sterling. The goal is to bring increased standardization and transparency to equity repos by offering reliable weekly benchmarks that enhance visibility and executable pricing from a risk perspective.
“Just as we’ve done with [total return swaps], we’re building a robust foundation that helps our community confidently meet regulatory and market standards,” Wematch wrote on Linked In. There’s also plans to launch an extension on collateral trading, where the fintech reports seeing significant interest from market participants.